![]() And more recently, California’s economy expanded at 3.9% annually in the last five years vs. California’s economy grew at a 4.7% annual rate in the past quarter-century compared with 4% U.S. Look at the state’s growth in gross domestic product, the broadest measure of business output. Big picture: Forget the fifth-largest economy-in-the-world platitude. Don’t bet against California: 13 reasons recall failed – Orange County Registerġ.
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